The prediction for bitcoin in 2021 was huge. I heard someone saying "$100,000". Some of the folks that charge for coin alerts mentioned that Vechain will cross $1. I remember when one of them called me to get a fast coin alert. Well, Bitcoin is currently dragging within $30k's. Vet is less down $0.10. I invested in Vet when it was above $0.10 and I am currently on a loss. I am not an idiot but I just chose the wrong time for the investment.
There is another prediction that January will be a great month for cryptos. Whatsup today? Well, many factors, news, happenings have been dragging the market. Anyway, all fall in a temporal loss for investors because if we can all hold, we will all smile. However, what happens when you need money during bear of the market and you have no other means.
No doubt, crypto has been the best place for investment for me. I made heavy thousand of dollars through last year and I invested in some real estate, land banking and other crypto projects. I find it hard to keep my money in the bank again because I feel it is a waste in there because of the consistent loss in value against the dollar.
However, I recently needed money to fix some urgencies and I had no money in USDT. All have been in Bitcoin and other cryptos assets. Money coming in from my business was not enough to fix the bills and I was confused. I had to take a little loan to stay on track but I learned a lesson. Save out of crypto for emergencies. Or store in USDT and don't be tempted to use it for any investment.